tradingkey.logo

Country Garden Services says PwC resigns as its auditor

ReutersOct 21, 2024 2:07 PM


(Reuters) - Country Garden Services, the property services arm of China's property developer Country Garden said on Monday that PricewaterhouseCoopers (PwC) has resigned as its auditor.

The country's regulators hit the auditing firm's mainland China unit with a six-month suspension and a record fine of 441 million yuan ($62.01 million) previously, over the firm's audit of failed property developer China Evergrande Group.

($1 = 7.1122 Chinese yuan renminbi)

(Reporting by Roshan Thomas and Echha Jain in Bengaluru; Editing by Krishna Chandra Eluri and Mrigank Dhaniwala)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI